Advertisements
Advertisements
प्रश्न
How does depreciation (devaluation) affect the exports of a country?
लघु उत्तर
Advertisements
उत्तर
- Depreciation (or devaluation) makes a country’s goods cheaper for foreign buyers because its currency is weaker. This encourages more exports, as international customers can buy more for the same amount of their own currency.
- For example, if the rupee depreciates, Indian goods become more affordable to foreign countries, boosting India’s exports.
shaalaa.com
या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
